Royal Gold Announces Election of Ronald J. Vance to Fill New Board Seat

DENVER--(BUSINESS WIRE)--
Royal Gold, Inc. (NASDAQ:RGLD)(TSX:RGL), today announced the
expansion of its Board of Directors from seven to eight members, and the
election of
Ronald J. Vance
to fill the newly created position.

Mr. Vance has over 30 years of experience in the mining industry as a
senior executive in the areas of corporate development, marketing,
project development, and finance. His career has included working with
some of the world’s largest mining companies executing large-scale
transactions, building strategic commercial relationships and managing
corporate and structured financing arrangements.

Currently, Mr. Vance is Senior Vice President, Corporate Development for
Teck Resources Limited. Prior to joining Teck, he was Managing
Director/Senior Advisor for Rothschild Inc., where he led structured
finance and investment banking teams responsible for advising clients in
the natural resources sector on mergers and acquisitions, financings and
other strategic initiatives. Before his tenure at Rothschild, he served
as Vice President Marketing and later as Vice President Project
Development at Newmont Mining Corporation. Mr. Vance holds an MBA from
Columbia University and a B.A. degree from Hobart College.

Stanley Dempsey
, Chairman of the Board, commented, “We are pleased to
have Ron join our Board. His extensive experience in the areas of
corporate development and finance, with deep knowledge of the mining
industry, will be an excellent complement to our existing Board.”

Royal Gold is a precious metals royalty company engaged in the
acquisition and management of precious metals royalties and similar
interests. The Company owns interests on 206 properties on six
continents, including interests on 39 producing mines and 28 development
stage projects. Royal Gold is publicly traded on the NASDAQ Global
Select Market under the symbol “RGLD,” and on the Toronto Stock Exchange
under the symbol “RGL.” The Company’s website is located at www.royalgold.com.